Aerobridge Market to Soar at 5.85% CAGR to 2021: Growth Factors & Trends

The market research report Global Aerobridge Market Research Report 2021 (North America, Europe, Asia-Pacific, South America, Middle East and Africa)’ aims to offer insights into new business opportunities for companies active in Global Aerobridge Market as well as for those players that are aiming to get an entry into the industry.

Marketsizeforecasters.com adds new global aerobridge market report that lists top active companies as ADELTE, FMT, HÜBNER, JBT AeroTech, and thyssenkrupp

Other Prominent Vendors in the market are: A.D. McCallum & Son, CIMC TianDa, Deerns, PT Bukaka Teknik Utama, and ShinMaywa

The report analysts forecast the global aerobridge market to grow at a CAGR of 5.85% during the period 2017-2021.

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Commenting on Aerobridge Market, an analyst team said: “Two-tier aerobridges are being implemented across the globe, particularly at busy international terminals, which accommodate bigger wide-bodied aircraft. The two-tier aerobridges enable convenient transit of passengers from the terminal building to the aircraft and vice versa. They also optimize the process of baggage handling by reducing the time taken from the aircraft to the baggage counters. For busy airports, the two-tier aerobridges ensure high return on investment by serving two flights at the same time (i.e., catering to the arriving and departing passengers simultaneously). These aerobridges bifurcate into two directions to the doors of two different aircraft. fifty-two of such aerobridges have already been installed at the new building in the terminal T2 at Mumbai airport in India. Use of the bus service and the stairs not only increases the transit time but also poses difficulty to the disabled passengers. As for the baggage handling, the passengers require almost an hour after the flight lands to reach the baggage carousel. This time is expected to be reduced to half once such aerobridges are commissioned.”

According to Aerobridge Market, the global airport infrastructure has been witnessing a steady rise in the number of passengers and, in turn, a rise in the fleet. Such high passenger traffic necessitates a top-notch infrastructure in order to boost the profitability and to ensure a high level of passenger satisfaction. Therefore, upgrade and expansion projects applicable to airports have directly influenced the global aerobridge sector. thyssenkrupp, in this regard, has secured a contract to supply 143 PBBs for the Istanbul New Airport, Turkey directed toward the improvement of efficiency and safety in passengers' aircraft boarding and alighting procedures. The project marks the Turkish Republic’s highest investment (to be around $23.4 billion), which is estimated to make the airport the biggest airport in the world.

The listed pricing for this Global Aerobridge Market report starts at $ 3500. Request Discount for Global Aerobridge Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/13993

Further, Aerobridge Market states that the upgrade and retrofit projects for airports are significantly cost intensive. Since the commissioning of new aerobridges is implemented as a part of these projects, in order to ensure a faster return on investment, the airport authorities can increase the charges of the carriers for the use of aerobridges. This, in turn, can reflect the higher cost of tickets on the passenger front, considering the linear relation between the operating cost of the carrier and the cost reflected at the passenger end. As per AAI, the charges can be increased by as much as 100% for narrow-bodied aircraft (other than Airbus A-320), which is presently at $366 due to the installation of new aerobridges across India. However, this will not be permanent. The aerobridge is a long-term solution, and it may be expected that the costs will go down once the return on investment is achieved.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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